Publication:
The Implications of Thomas Piketty's 'Capital in the 21st Century'

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dc.contributor.authorLakner, Christoph
dc.date.accessioned2016-08-10T14:12:05Z
dc.date.available2016-08-10T14:12:05Z
dc.date.issued2016-08
dc.description.abstractIn the 2000s, global inequality fell for the first time since the Industrial Revolution, driven by a decline in the dispersion of average incomes across countries. Between 1988 and 2008, a period of rapidly increasing global integration, income growth was largest for the global top 1 percent and for country-deciles in Asia, often in the upper halves of the national distributions, while the poorer deciles in rich countries lagged behind. Although within-country inequality increased in population-weighted terms, for the average developing country the rise in inequality slowed down in the second half of the 2000s. However, like any analysis based on household surveys, these results could miss important increases in inequality if they are concentrated at the top. These data constraints remain especially serious in developing countries where only very limited information on the top tail exists, especially regarding capital incomes.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/08/26624794/implications-thomas-pikettys-capital-21st-century
dc.identifier.doi10.1596/1813-9450-7776
dc.identifier.urihttps://hdl.handle.net/10986/24858
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7776
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectincome distribution
dc.subjectinequality
dc.subjectglobal inequality
dc.subjectglobalization
dc.subjecttop incomes
dc.titleThe Implications of Thomas Piketty's 'Capital in the 21st Century'en
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleGlobal Inequality: The Implications of Thomas Piketty's Capital in the 21 st Century
okr.date.disclosure2016-08-02
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/08/26624794/implications-thomas-pikettys-capital-21st-century
okr.guid323831470153290439
okr.identifier.doi10.1596/1813-9450-7776
okr.identifier.externaldocumentum090224b0844bdef7_2_0
okr.identifier.internaldocumentum26624794
okr.identifier.reportWPS7776
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/08/04/090224b0844bdef7/2_0/Rendered/PDF/The0implicatio00in0the021st0century.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.administrativeSouth Asia
okr.region.geographicalAsia
okr.topicInternational Economics and Trade::Globalization and Financial Integration
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicPoverty Reduction::Equity and Development
okr.topicPoverty Reduction::Inequality
okr.unitPoverty and Inequality Team, Development Research Group
relation.isAuthorOfPublicationfe09a17f-1d05-5a36-808c-daa18418e7bb
relation.isAuthorOfPublication.latestForDiscoveryfe09a17f-1d05-5a36-808c-daa18418e7bb
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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